Civic Intelligence

Innovations in Aging Collaborative

990 • Fiscal year 2023 • EIN 46-0968566

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

427 E Colorado Ave Ste Studio 201Colorado Springs, CO 80903

(765) 891-0347

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

80th percentile

0.11x

Higher debt load relative to assets than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

83rd percentile

0.11x

Higher debt load relative to revenue than 83% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

9th percentile

-62%

Higher net margin than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

97th percentile

$90,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 56.2% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

12th percentile

-46%

Faster asset growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

18th percentile

-30%

Faster revenue growth than 18% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$162,820

Down $140,276 (-46%) from 2022

Net Assets

Down

$145,145

Down $98,892 (-41%) from 2022

Liabilities

Down

$17,675

Down $41,384 (-70%) from 2022

Revenue

Down

$160,211

Down $70,186 (-30%) from 2022

Expenses

Up

$259,103

Up $51,505 (+25%) from 2022

Net Income

Down

-$98,892

Down $121,691 (-534%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2015: $124,223Liabilities 2015: $54,651Net Assets 2015: $69,5722015Assets 2016: $106,571Liabilities 2016: $5,245Net Assets 2016: $101,3262016Assets 2017: $233,391Liabilities 2017: $5,381Net Assets 2017: $228,0102017Assets 2018: $202,104Liabilities 2018: $7,245Net Assets 2018: $194,8592018Assets 2019: $178,977Liabilities 2019: $5,525Net Assets 2019: $173,4522019Assets 2020: $237,525Liabilities 2020: $35,995Net Assets 2020: $201,5302020Assets 2021: $252,153Liabilities 2021: $37,588Net Assets 2021: $214,5652021Assets 2022: $303,096Liabilities 2022: $59,059Net Assets 2022: $244,0372022Assets 2023: $162,820Liabilities 2023: $17,675Net Assets 2023: $145,1452023

Highlighted filing

2023

Assets$162,820
Liabilities$17,675
Net Assets$145,145

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2015: $111,869Expenses 2015: $188,318Net Income 2015: -$76,4492015Revenue 2016: $172,359Expenses 2016: $140,605Net Income 2016: $31,7542016Revenue 2017: $258,587Expenses 2017: $134,407Net Income 2017: $124,1802017Revenue 2018: $122,020Expenses 2018: $155,171Net Income 2018: -$33,1512018Revenue 2019: $150,026Expenses 2019: $171,433Net Income 2019: -$21,4072019Revenue 2020: $167,433Expenses 2020: $139,355Net Income 2020: $28,0782020Revenue 2021: $210,383Expenses 2021: $197,348Net Income 2021: $13,0352021Revenue 2022: $230,397Expenses 2022: $207,598Net Income 2022: $22,7992022Revenue 2023: $160,211Expenses 2023: $259,103Net Income 2023: -$98,8922023

Highlighted filing

2023

Revenue$160,211
Expenses$259,103
Net Income-$98,892
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$160,211
Mission and Program Overview

Mission

Convene the community to promote creative approaches that address the challenges and opportunities of aging.

Convene the community to promote creative approaches that address the challenges and opportunities of aging

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$104,898$100,524▼ $4,374
Cash and Non-Interest-Bearing Accounts$146,205$52,321▼ $93,884
Accounts Receivable-$4,750-
Prepaid Expenses and Deferred Charges$2,151$2,225▲ $74
Total Assets$303,096$162,820▼ $140,276
Other Assets Total$49,842$3,000▼ $46,842
Liabilities
Accounts Payable and Accrued Expenses$9,179$15,175▲ $5,996
Other Liabilities$49,880$2,500▼ $47,380
Total Liabilities$59,059$17,675▼ $41,384
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$244,037$120,145▼ $123,892
Net Assets With Donor Restrictions-$25,000-
Total Net Assets Fund Balance$244,037$145,145▼ $98,892
Total Liabilities and Net Assets / Fund Balance$303,096$162,820▼ $140,276

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$500--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Erin MaruzzellaExecutive DirectorFT$90,000$90,000

Board Members and Trustees

NameTitle
Dayton RomeroChair
Lee PatkeVice Chair
DAN O'REARDirector
Deborah KennyDirector
Hayley GleasonDirector
Judy ScottDirector
Lynne JonesDirector
Mary DuranDirector
Paula PolletDirector
Terri CassidyDirector
Gail NehlsSecretary
Indy FrazeeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$144,535
Program Service Revenue
$14,900
Investment Income
$776
Other Revenue
$0
All Other Contributions
$29,535
Change in Net Assets
$-98,892
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$139,263
Other Expenses$111,541
Total Fundraising Expense$12,627
Professional Fundraising Fees$4,800
Grants and Similar Amounts Paid$3,499

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$76,500$9,000$4,500$90,000
Fees for Services Management$32,115$5,228-$37,343
Fees for Services Accounting$28,943$4,712-$33,655
Other Salaries and Wages$24,818$2,920$1,460$29,198
Payroll Taxes$8,977$3,283$528$12,788
Information Technology$10,147$1,651-$11,798
Occupancy$8,925$1,050$525$10,500
Other Employee Benefits$6,185$728$364$7,277
Fees for Services Professional Fundraising--$4,800$4,800
Conferences and Meetings$3,170$1,134$347$4,651
Grants to Domestic Orgs$3,499--$3,499
Advertising$3,437--$3,437
Other Expenses$3,346$198-$3,346
Insurance-$3,161-$3,161
Office Expenses$1,740$204$103$2,047
Total Functional Expenses$213,207$33,269$12,627$259,103
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$4,800
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
ST Lease Liability$2,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

Provided via email to all directors for an opportunity

Part VI Line 11B

to review. Discussion may be held if there are questions.

Part VI Line 12C

Required to sign upon commencement of term and update annually

Part VI Line 12C

An additional disclosure shall be signed if a conflict arises.

Part VI Line 19

Available upon request

Filing and Contact Details

Filer

Filer Name
Innovations in Aging Collaborative
EIN
46-0968566
In Care Of
% Erin Maruzella
Address
427 E Colorado Ave Ste Studio 201, Colorado Springs, CO 80903

Signing Officer

Name
Erin Maruzella
Title
Executive Director
Phone
7196023815
Signed
2024-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erin Maruzzella
Formed
2012
Legal Domicile
Co
Voting Board Members
12
Independent Board Members
12
Employees
5

Preparer

Preparer
Joseph Devries
Phone
7658910347
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IRS990/ProgSrvcAccomActy2Grp/Desc0Collaborative Community Response Initiative - Monthly meetings with state-wide program to create local healthcare delivery model. Designed and implemented pilot program to test collaborative network to serve healthy communities in El Paso County.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt060000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt095000
IRS990/ProgSrvcAccomActy3Grp/Desc0Seniors Engaged - Connected high school students to seniors living in affordable housing communities for tech training program.
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt025000
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RevenueAmt090000
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0208345
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt086688
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0149561
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0818820
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0776
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0601
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0545
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0465
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt086688
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0149561
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0818820
IRS990ScheduleA/TotalSupportAmt0821680
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IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Office Lease ROU Asset
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Security Deposit
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ST Lease Liability
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03000
IRS990ScheduleD/TotalLiabilityAmt02500
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Provided via email to all directors for an opportunity
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1to review. Discussion may be held if there are questions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Required to sign upon commencement of term and update annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3An additional disclosure shall be signed if a conflict arises.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Available upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 19
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IRS990/TotalContributionsAmt0144535
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012627
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt033269
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0213207
IRS990/TotalFunctionalExpensesGrp/TotalAmt0259103
IRS990/TotalGrossUBIAmt00
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt015676
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0160211

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